Aircraft Cabin Interior Market is expected to reach 29.16 Billion USD by 2021

The report "Aircraft Cabin Interiors Market by Fit (Line, Retro), Product Type (Seating, IFEC, Galley Equipment, Cabin Lighting, Windows & Windshield, Lavatory), Aircraft Type (NBA, WBA, VLA, RTA) and Region (Line Fit, Retro Fit) - Global Forecast to 2021", 

The aircraft cabin interior market is projected to reach USD 29.16 Billion by 2021, at a CAGR of 11.57% from 2016 to 2021. Factors such as increasing number of aircraft orders, growing regional economies; modernization of aircraft programs to reduce operational costs, and increasing demand for air travel are expected to drive the global aircraft cabin interiors market.

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Browse 107 market data tables with 167 figures spread through 219 pages and in-depth TOC on "Aircraft Cabin Interiors Market - Global Forecast to 2021"

Key players in the aircraft cabin interiors market includes Thales Group (France), Honeywell International Inc. (U.S.), Diehl Stiftung & Co. KG (Germany), B/E Aerospace (U.S.), United Technologies Corporation (U.S.), Luminator Technology Group (U.S.) Panasonic Corporation (Japan), and PPG Industries Inc. (U.S.) among others.

The seating segment to dominate the aircraft cabin interiors market

On the basis of product, the seating segment dominates the aircraft cabin interiors market and is expected to continue its dominance over the next five years. The demand for aircraft seating is primarily driven by upgradation of aircraft programs to reduce operational cost, increasing aircraft deliveries, and significant growth in air traffic across the globe

The retrofit segment is expected to grow at the highest pace during the forecast period.

The retrofit segment dominates the overall aircraft cabin interiors market, by fit and is expected to exhibit a similar trend during the forecast period. It is expected to dominate the market on account of modernization of aircraft programs to reduce operational costs and the replacement requirement for aircraft cabin interiors including seating, galleys, windows & windshields, cabin lighting, lavatory, and IFEC.

The aircraft cabin interiors market is expected to witness the highest growth in the Asia-Pacific region.

The Asia-Pacific region has been witnessing strong growth in the aviation industry over the past few years, mainly driven by increasing demand for new aircraft deliveries and increasing air traffic in this region, which in turn is expected to boost the aircraft cabin interiors market. This growth can also be attributed to the increase in trade and tourism, increasing disposable of the middle class population in emerging countries such as India and China.

Directed Energy Weapons (DEW) Market is expected to reach 24.45 Billion USD by 2021

The report "Directed Energy Weapons (DEW) Market by Technology (High Energy Laser, High-Power Microwave, Particle Beam), HEL System (Solid State Laser, Chemical Laser, Free Electron Laser, Fiber Laser), Product, End User, Application, and Region - Global Forecast to 2021".

The directed energy weapons market is estimated to reach USD 24.45 Billion by 2021, at a CAGR of 28.90% from 2016 to 2021. This growth can be attributed to the increasing incidences of armed conflicts, war, and terrorism, globally, which are expected to drive the demand for directed energy weapons.

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Browse 140 market data tables and 92 figures spread through 215 pages and in-depth TOC on “Directed Energy Weapons (DEW) Market - Global Forecast to 2021”

Key players in the directed energy weapons market include Lockheed Martin (U.S.), Boeing (U.S), Northrop Grumman (U.S.), Raytheon Company (U.S.), BAE systems (U.K.)

Defense segment to dominate the directed energy weapons market in 2016

The directed energy weapons market is estimated to be dominated by the defense application segment, in 2016. A number of factors, such as increasing terrorism and unconventional warfare across the globe have led to an increase in the demand for high quality, integrated, precise, and cost-effective energy weapons by defense forces. The high growth in defense application ensures the disruptive change of warfare with an alteration to how militaries fight and the metrics that make weapons useful.

High energy laser market projected to witness highest growth during the forecast period

High energy laser is projected to be the fastest-growing segment of the directed energy weapons market during the forecast period, due to the development of advanced technologies, such as Active Denial Systems (ADS) and pain ray. In addition to being used in the defense sector, the demand for laser equipped weapons has increased in the homeland security segment to control riots and cross border trespassing.

Asia-Pacific & the Middle East to be the opportunistic markets for directed energy weapons

The directed energy weapons market was dominated by North America in 2015, owing to technological advancements and rising incidences of terrorism and civil unrest in the region. The Asia-Pacific directed energy weapons market is expected to witness highest growth, due to the increasing research and development activities undertaken in the region for the development of advanced technology-based directed energy weapons for tactical operations, increasing military expenditures, implementation of military modernization programs in major economies of the region, and rising demand for autonomous weapons for tactical operations, primarily owing to rising threats of cross-border terrorism in several countries.

Unmanned Ground Vehicle Market is expected to reach 18.65 Billion USD by 2020

The report "Unmanned Ground Vehicles (UGV) Market by Application (Defense, Commercial), Mode of Operation, Size, Mobility, Payload, and Region (North America, Europe, Asia-Pacific, Middle East, Rest of the World) - Global Forecasts to 2020", The global unmanned ground vehicle (UGV) market is estimated to reach USD 18.65 Billion by 2020, at a CAGR of 23.7% from 2015 to 2020. This growth can be attributed to the rising need for efficient border surveillance and general ISR functions, combined with the technological advancements in the field of UGVs, globally.

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Browse 82 market tables and 60 figures spread through 150 pages and in-depth TOC on "Unmanned Ground Vehicles (UGV) Market - Global Forecasts to 2020"

“Commercial segment to dominate the UGV market, among applications”

The commercial segment is projected to grow at the highest CAGR compared to all other application segments during the forecast period, primarily owing to huge investments made by major players in the development of UGVs for applications in agriculture, underground mining, medical, and so on. In Europe, the agriculture sector dominates the demand for UGVs in the commercial segment, followed by transportation and medical sectors.

“The laser payload segment to grow the highest during the forecast period”

The global UGV market has been segmented and analyzed in terms of payloads, namely, sensors, radars, cameras, lasers, and others. While the overall market is dominated by the sensors segment, the lasers segment is projected to grow at the highest CAGR during the forecast period, primarily driven by the increased use of lasers in defense for target acquisition, guided munitions, electro-optical countermeasures (EOCM), and for blinding enemy troops, among others.

“Europe and Asia-Pacific to be the game changers in the UGV market”

The global UGV market is dominated by North America, as of 2015, owing to the technological advancements and rising incidences of terrorism in the region. However, Europe and Asia-Pacific are expected to drive the growth of the global UGV market in coming years, with the European market projected to grow at the highest CAGR during the forecast period, 2015 to 2020. This rapid growth of the European market can be attributed to the increasing development and deployment of UGVs robots for ISR and combat operations in defense sector; and for crop harvesting, medical, and underground mining, among others, in commercial sector. The Asia-Pacific market is driven mainly by the increasing investments by China and India for development of multifunctional UGVs in defense as well as commercial applications.

The major players in this market have been identified to be Lockheed Martin (U.S.), Northrop Grumman (U.S.), Oshkosh Corporation (U.S.), QinetiQ Group Plc. (U.K.), and iRobot (U.S.), among others.

The report segments and analyzes the UGV market on the basis of mode of operation (tethered, tele-operated, autonomous), mobility (wheeled, tracked, legged, others), size (micro, small, medium, large, others), payload (sensors, lasers, camera, radars, others), application (defense & commercial), and maps these segments and subsegments across the major regions of the world, namely, North America, Europe, Asia-Pacific, the Middle East, and Rest of the World (constituted by Latin America and Africa).

Cloud Infrastructure Witnessed Enormous Growth in the Americas and Europe in 2015 and Forecast by 2022

The emergence of wireless communication technologies such as Bluetooth and Wi-Fi has led to the development of the Cloud Infrastructure Market. The most popular products in the cloud infrastructure market include wireless headphones and headsets. Cloud infrastructure witnessed enormous growth in the Americas and Europe in 2015; this is because of the presence of several cloud infrastructure device manufacturing companies in these regions and deployment of new products in the recent past.

Competition in this market is high due to the presence of a large number of players; some of the key players in this market include, Hewlett-Packard (U.S.), Cisco Systems, Inc. (U.S.), Dell, Inc. (U.S.), EMC Corporation (U.S.), IBM Corporation (U.S.), AWS (Amazon Web Services) (U.S.), Alphabet Inc. (Google) (U.S.), Salesforce.com (U.S.), NetApp, Inc. (U.S.), Intel Corporation (U.S.), Lenovo Group Limited (U.S.), AT&T, Inc. (U.S.), Rackspace (U.S.), Oracle Corporation (U.S.), Quanta Computer Inc. (Taiwan), and Foxconn Technology Group (Hon Hai Precision Industry Co., Ltd.) (Taiwan).

Hewlett Packard (HP) (U.S.) is one of the leading companies in the cloud infrastructure hardware market. The company is one of the leading providers of IT products and services that cater to a wide range of SMEs and large enterprises. With its prime focus on cloud, security, and analytics, the company is accelerating its growth strategies by innovating new products. In February 2015, HP acquired Cupertino based Voltage Security (U.S.), a provider of data-centric security software solutions to protect data in the cloud, data centers, and mobile devices. This acquisition would assist HP in offering data-centric security to combat advanced security threats inside and outside the cloud, from mainframe to mobile.

In the cloud infrastructure services market, Amazon Web Services (AWS) (U.S.) is a leading company, especially for infrastructure as a service (IaaS) and content delivery network/application delivery network (CDN/AND). AWS is a dynamic and growing business unit of Amazon.com, Inc. Amazon Web Service is a collection of remote computing services, called Web Services. The company’s strategy has been to provide cloud services at low cost with maximum safety, reliability, and flexibility. It is now targeting small and large companies by customizing its solutions and also by assisting its customers by providing easy accessibility and transferability. In October 2015, AWS announced to pass 1 million active enterprise customers. With such huge customer base, the company is expected to dominate the PaaS, IaaS, and CDN/ADN markets in the near future.

5G Technology Market and Its Impact on Communication and IoT Market

With the presence of a large number of small and big domestic and global players which are competing in the market, the 5G technology market would be highly competitive. Though the 5G technology is not yet deployed, the companies such as Cisco (U.S.) and Ericsson (Sweden) would dominated the market since the same can be seen with the deployment of the LTE technology.

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Cisco focuses on the development of SDN- and network function virtualization (NFV)-based cloud infrastructure that would empower mobile network operators (MNOs) and service providers to bring new services to the market faster than ever before; these developments would enhance the visualization of the entire network performance and improve the overall quality of experience (QoE) of their subscribers. Various issues of today’s MNOs that Cisco addresses include integration of distributed applications (Big Data and Hadoop), data base applications (for example, Oracle and SAP), virtualized applications that run on multi-hypervisor environments, and cloud-based applications. Moreover, the growing applications of IoT in various sectors would boost the adoption rate of interconnected devices. The company believes that to cater this high amount of network traffic, higher automation of management operations would be required where cloud and virtualization would play a crucial role. Cisco ACI and Ultra Services Platform enable the service providers to address these issues and help them to be prepared for 5G. Some of the telecom service providers that are leveraging on Cisco’s products and solutions include Integra, NTT DOCOMO, Hutchinson Networks, Tele2, and Manx Telecom. The telecommunication service providers have reported increased staff productivity, increased revenue, higher automation of security policies, and scalability of services. Cisco collaborated with Ericsson and Intel to develop 5G routers which would provide significantly faster speeds, lower latency, and ability to support a large number of devices for connectivity. These solutions would comprise Cisco’s enterprise networking capabilities, Ericsson’s advanced 5G mobile networking technology, and Intel’s next-generation 5G silicon devices. Cisco, Ericsson, and Intel are also the active members of Verizon 5G Technology Forum—a forum of technology leaders and 5G pioneers to accelerate innovations in the field of 5G. In addition, Cisco Systems emphasizes on new product launches as its key competitive strategy, thereby investing considerably on R&D.

Ericsson is a world leader in providing each generation of communication technologies. With over 39,000 granted patents worldwide, the company possesses one of the industry’s strongest intellectual property rights portfolios. Ericsson’s successful 5G trials include demonstration of network slicing and distributed cloud technology (in partnership with Vodafone); software-defined telecommunications infrastructure (SDTI) (in partnership with SK Telecom); 7 Gbps peak rates for vehicular connectivity; tactile robotic surgery (in partnership with Kings College London); launching of plugins to equip today’s networks for 5G; more than 10 Gbps peak rate using its 5G radio prototypes; 25 Gbps downlink using multi-user, multiple input, multiple output (MU-MIMO), and massive MIMO technologies. Several telecommunication companies that have partnered with Ericsson to develop 5G technologies include Telstra (Australia), KT (South Korea), Turkcell (Turkey), SoftBank (Japan), SK Telecom (South Korea), LG Uplus (South Korea), NTT DOCOMO (Japan), KDDI (Japan), MTS (Russia), China Mobile (China), TeliaSonera (Sweden), Telefónica (Spain), Vodafone Group (U.K.), Singtel (Singapore), Verizon (U.S.), T-Mobile (U.S.), China Unicom (China), and Deutsche Telekom (Germany).

Other key players in the 5G technology market include SK Telecom (South Korea), Korea Telecom (South Korea), Nokia Networks (Finland), Samsung (South Korea), Qualcomm (U.S.), Intel (U.S.), NEC Corporation (Japan), Huawei (China), Verizon (U.S.), AT&T (U.S.), T-Mobile USA, Inc., LG (South Korea), and China Mobile (China).

This report provides a detailed insight into the overall 5G technology market and its impact on communications and IoT market, with detailed segmentations based on application and geography combined with the qualitative analysis of the 2G, 3G, and LTE. The 5G technology market has been forecast till 2022.

Gesture Recognition & Touchless Sensing Market is expected to reach 23.55 Billion USD by 2020

The report "Gesture Recognition & Touchless Sensing Market by Technology (Touch-based & Touchless), Application (Consumer Electronics, Automotive, & Others), Product (Biometric & Sanitary Equipment) & by Geography - Global Forecast to 2020", The gesture recognition & touchless sensing market is expected to grow from USD 5.15 Billion in 2014 to USD 23.55 Billion by 2020, at a CAGR of 28.2% between 2015 and 2020.

Browse 83 market data tables and 75 figures spread through 192 pages and in-depth TOC on “Gesture Recognition & Touchless Sensing Market - Global Forecast to 2020"
 

Some of the major companies in the gesture recognition & touchless sensing market include Intel (U.S.), Microsoft Corp. (U.S.), Cognitec Systems (Germany), GestureTek (U.S.), CogniVue (Canada), eyeSight (Israel), PointGrab (Israel), SoftKinetic (Belgium), PrimeSense (Israel), Cross Match Technologies, Inc. (U.S.), Microchip Technology Inc. (U.S.), Qualcomm Inc. (U.S.) and so on.

The scope of the report covers detailed information regarding the major factors influencing the growth of the gesture recognition & touchless sensing market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the gesture recognition & touchless sensing market.

The entire gesture recognition market has witnessed various advances after the launch of Microsoft Kinect which is meant for gaming consoles of Xbox 360 launched by Microsoft (U.S.). After the launch of Kinect, manufacturers and other players from the gesture control industry value chain started focusing on consumer electronics for gesture-enabled solutions. Currently, laptops, TVs, smartphones, and so on with the gesture recognition technology are available in the market. Similarly, touchless sensing products which primarily consist of the touchless sanitary equipment and touchless biometrics are gaining popularity. Currently, looking at the increasing rate of cybercrimes and illegal trespassing, the biometric authentication market has gained pace.

Growth in the E-Passport Program acts as a major driver for the market

With the introduction of biometrics and computer chips, e-passport represents a major trend in the passport applications. The face detection technology is used in e-passport, where a user’s face is matched against the image held in the passport database; this confirms that the person has not applied for a travel document in another name.

To reduce the threat of identity fraud, governments of various countries are implementing the e-passport program. The International Civil Aviation Organization (ICAO), which sets the principles and rules based on which international flights are conducted, is also supporting the biometric technology to counter identity fraud. The compulsory implementation of e-passports for the International Civil Aviation Organization (ICAO) member countries by 2015 would boost the market for the biometric technology.

Consumer electronics vertical to play a key role in the gesture recognition market

The application in consumer electronics is likely to hold a large share and lead the overall gesture recognition market between 2015 and 2020 owing to the commercialization of the technology in smartphones, tablets, smart TVs, set-top boxes, and gaming consoles. There has been an increase in the production of gesture-based interfaces, which enable users to control devices or software using natural body movements and gestures. These interfaces are being incorporated into a wide range of devices, including interactive digital signs, medical equipment, arcade game machines, and robots among others.

The application in the automotive sector to grow rapidly during the forecast period

In the automotive sector, gesture recognition is under pilot testing with efforts concentrated towards integrating the technology into in-car infotainment accessories. The endeavor would enable a driver to control air-conditioner, music system, climate control, and GPS along with other functionalities through gesture recognition. It is meant to remove a driver’s distraction while changing various modalities in a car. The technology provides a driver the facility to operate these modalities simultaneously using simple hand gestures which are possible with the help of IR and CMOS sensors and cameras attached to infotainment devices. Infrared sensors are installed near the gear lever to limit their functionality over a small area and thus prevent accidental usage by other people in a car.

Automotive majors such as Hyundai (South Korea), Mercedes Benz (Germany), Toyota (Japan), Honda (Japan), and BMW (Germany) have come up with concept cars displaying integrated gesture recognition capabilities.

The Americas expected to hold the largest market share; APAC to grow at the highest rate

The Americas is expected to hold the largest market share and dominate the gesture recognition & touchless sensing market between 2015 and 2020. The increasing concerns towards national security, especially after 9/11 terrorist attacks have significantly driven the biometrics market in the U.S. The regulatory-driven activities and initiatives taken by governments in the Americas have enabled the large market size of the biometrics market in this region in 2012.

APAC is expected to rank first in the gesture recognition market and third in the touchless sensing market during the forecast period. The biometrics market in APAC is set to grow due to technological advancements, increased awareness amongst masses, and lowered costs. As organizations have become more security-conscious, biometric solutions are expected to grow in terms of usage and importance.

Growing Urbanization and Construction Activities Paving New Opportunities for Smart Elevator Market

Jul 4th, 2016 · Comments Off on Growing Urbanization and Construction Activities Paving New Opportunities for Smart Elevator Market

 

Smart elevators are proving to be fast and more energy efficient in comparison to the conventional elevators. The huge demand for these energy-efficient elevators combined with the rapidly increasing construction activities across the globe are expected to boost the market growth, surpassing the USD 26 Billion market by the end of 2022. They help in minimizing the overall energy consumption and managing of passenger traffic in an efficient manner in residential and other buildings. With the continuous developments and innovations in technology and improving lifestyles, the demand for safety and energy-saving solutions has also increased over the past few years.

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According to the researchers, the global smart elevator market which was valued at USD 9.54 Billion in 2015 is predicted to reach USD 26.69 Billion by the end of 2022, growing at a CAGR 15.6% between 2015 and 2022. Among regions, North America was the dominant market in 2015 since the presence of ICT technologies is more in this region as compared to other regions like APAC and RoW, whereas Asia-Pacific is expected to grow at the highest CAGR during the forecast period. Based on services, the modernization of existing elevators is the current dominant segment; however, over the coming years, the new installation services market is expected to be the leading market.

Why APAC is considered a favorable destination for this market to flourish?

APAC comprises countries namely, India, China, Japan, Taiwan, and South Korea. All these countries are offering lucrative opportunities for elevator manufacturers because of untapped market opportunities. India and China collectively accounted for significant share in world population, considering the ongoing economic activities in these countries like development of smart cities, special economic zones, and expansion of major companies. Moreover, the investments in these countries have been on a rise since the past few years. For instance, India attracted nearly USD 40.0 Billion FDI in construction sector between 2000 and 2013. Such initiatives clearly support the APAC market as the favorable destination for smart elevators.

How is the residential sector majorly benefiting the growth of this market, globally?

Urbanization is the key trend primarily driving growth in the residential market across the globe. It can also be seen as leading factor that supported high standard of living over the past few years. The automation and control enhanced the standard of living in every sphere, and this trend is also applicable for smart elevators as well. High rise buildings have increased over the last two decades, and smart elevators have proved to be best mode of vertical transportation in these buildings. Moreover, smart elevators were found to be the best way to provide security, avoiding unauthorized entry in residential and other buildings.

What are the major developments in the global smart elevator market?

The major development in smart elevator market is the association of companies with IT giants like Microsoft and IBM. Over the last three years, it was observed that all the major elevator manufacturers have entered into partnerships with major companies in IoT industry. Association with IoT companies helped manufacturers to integrate their services and strengthen their position in smart elevator industry.

What will drive the progress of global smart elevator market?

The factors such as increasing demand for energy efficient systems, rapid urbanization, growing construction & real estate industry, high demand for security, and rising adoption of wireless technologies are the key factors driving the global market for smart elevators towards substantial growth.

Major challenges faced by this market

Since industry is capital intensive, it is not easy for a small and medium scale companies to enter into this market, thus making the entry barrier as one of the major challenges for the market players. Also, the major four players, namely Otis, KONE, Schindler, and Thyssenkrupp elevators govern approximately 60-70% of the overall market. Hence, the existing small companies are finding it difficult to compete with them, as heavy investments in R&D is required to match up with their offerings. In addition to this, market consolation is also a key challenge as many small companies are being acquired by the aforementioned four major players in this industry.